One of Dubai's largest real estate developers will accept Bitcoin and Ethereum
On Wednesday, Damac Properties, a Dubai-based real estate developer, announced that it would add Bitcoin and Ethereum as new payment options.
Damac Properties will accept Bitcoin and Ethereum
DAMAC Properties is an Emirati property development firm based in Dubai. It is one of the leading real estate developers in the country, with 28,000 properties under construction in the city as of December 2021. The Dubai-based corporation stated that allowing cryptocurrencies to be used to purchase real estate will revolutionize the future of the real estate market.According to Ali Sajwani, general manager at Damac, the Dubai-based company has embraced cryptocurrency as part of its digital transformation initiative. Most notably, last year. Last year, its revenue was 3 billion UAE dirhams ($816.8 million), although it has yet to attain profitability. Furthermore, the corporation will invest approximately 367 million UAE dirhams ($100 million) in its new Metaverse project, which aims to develop virtual cities.
Dubai and crypto adoption
The UEA has been working hard to make Dubai a crypto hub, and as a result, businesses are becoming more interested in using cryptocurrency as a payment method. Stella Stays, a hotel company based in the United Arab Emirates (UAE), announced in March 2022 that its customers would be able to pay for services using cryptocurrencies, while Dubai-based café Bake N More recently announced that it would accept bitcoin as payment for goods.Another sign of adoption is the establishment of local offices in Dubai by crypto exchanges attracted by the country's regulators' crypto-friendly policies. Crypto.com recently announced the establishment of a regional headquarters in Dubai, and Bybit has also announced the relocation of its global headquarters to the city.
Continue reading by joining Cryptonary Pro
$997/year
Get everything you need to actively manage your portfolio and stay ahead. Ideal for investors seeking regular guidance and access to tools that help make informed decisions.
For your security, all orders are processed on a secured server.
As a Cryptonary Pro subscriber, you also get:
3X Value Guarantee - If cumulative documented upside does not reach 300% during your 12-month membership, you can request a full refund.
24/7 access to experts with 50+ years’ experience
All of our top token picks for 2025
Our latest memecoins pick with 50X potential
On hand technical analysis on any token of your choice
Weekly livestreams & ask us anything with the team
Daily insights on Macro, Mechanics, and On-chain
Curated list of top upcoming airdrops (free money)
3X Value Guarantee
If cumulative documented upside does not reach 300% during your 12-month membership, you can request a full refund.
Our track record speaks for itself
With over 2.4M tokens and widespread misinformation in crypto, we cut through the noise and consistently find winning assets.
Our track record speaks for itself
With over 2.4M tokens and widespread misinformation in crypto, we cut
through the noise and consistently find winning assets.
Frequently Asked Questions
Can I trust Cryptonary's calls?
Yes. We've consistently identified winners across multiple cycles. Bitcoin under $1,000, Ethereum under $70, Solana under $10, WIF from $0.003 to $5, PopCat from $0.004 to $2, SPX blasting past $1.70, and our latest pick has already 200X'd since June 2025. Everything is timestamped and public record.
Do I need to be an experienced trader or investor to benefit?
No. When we founded Cryptonary in 2017 the market was new to everyone. We intentionally created content that was easy to understand and actionable. That foundational principle is the crux of Cryptonary. Taking complex ideas and opportunities and presenting them in a way a 10 year old could understand.
What makes Cryptonary different from free crypto content on YouTube or Twitter?
Signal vs noise. We filter out 99.9% of garbage projects, provide data backed analysis, and have a proven track record of finding winners. Not to mention since Cryptonary's inception in 2017 we have never taken investment, sponsorship or partnership. Compare this to pretty much everyone else, no track record, and a long list of partnerships that cloud judgements.
Why is there no trial or refund policy?
We share highly sensitive, time-critical research. Once it's out, it can't be "returned." That's why membership is annual only. Crypto success takes time and commitment. If someone is not willing to invest 12 months into their future, there is no place for them at Cryptonary.
Do I get direct access to the Cryptonary team?
Yes. You will have 24/7 to the team that bought you BTC at $1,000, ETH at $70, and SOL at $10. Through our community chats, live Q&As, and member only channels, you can ask questions and interact directly with the team. Our team has over 50 years of combined experience which you can tap into every single day.
How often is content updated?
Daily. We provide real-time updates, weekly reports, emergency alerts, and live Q&As when the markets move fast. In crypto, the market moves fast, in Cryptonary, we move faster.
How does the 3X Value Guarantee work?
We stand behind the value of our research. If the documented upside from our published research during your 12-month membership does not exceed three times (3X) the annual subscription cost, you can request a full refund. Historical context: In every completed market cycle since 2017, cumulative documented upside has exceeded 10X this threshold.
Recommended from Cryptonary
